As interest rates soar, buy stocks like this homebuilder, Wall Street analysts say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Wall Street analysts named a slew of stocks this week that they believe will benefit from high interest rates.

Interest rates keep climbing, but that's not stopping Wall Street analysts from finding a slew of stocks to buy. Analysts said this week that there are several well positioned companies poised to take advantage of rate hikes.

Pro combed through top Wall Street research to find stocks that are beneficiaries of high interest rates. They include: Bank of America, Toll Brothers , Bunge, HealthEquity and Costco. HealthEquity "We view HQY as an attractive investment in a higher interest rate environment that can function as a portfolio diversifier," according to Baird analyst Mark Marcon.

's loyalty driven model. ... 's share gain, traffic, potential fee hike, impenetrable balance sheet & net cash position in a rising rate world keeps it in our Top 5 portfolio. We find 's defensive growth appealing with a potential dual catalyst path of a special dividend & fee increase providing co. specific catalysts for late '23 or '24." HealthEquity - Baird, outperform rating "We view HQY as an attractive investment in a higher interest rate environment that can function as a portfolio diversifier, particularly in a 'higher for longer' interest rate environment. ...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock market today: Wall Street ticks higher as pressure eases from the bond and oil marketsWall Street ticked higher to trim its sharp loss for September after pressure squeezing it...
Källa: SFGate - 🏆 534. / 51 Läs mer »